REGISTERED NUMBER: 06670382 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Ionax Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

C J Smith

SECRETARY:

Mrs V A Smith

REGISTERED OFFICE:

43, Bowstridge Lane

Chalfont St. Giles

Bucks.

HP8 4QN

REGISTERED NUMBER:

06670382 (England and Wales)

ACCOUNTANTS:

Lawson & Co.

18, The Lagger

Chalfont St. Giles

Bucks.

HP8 4DG

FIXED ASSETS

Tangible assets

4

763

568

CURRENT ASSETS

Debtors

5

70,192

20,377

Cash at bank

73,564

116,751

143,756

137,128

CREDITORS

Amounts falling due within one year

6

41,157

57,596

NET CURRENT ASSETS

102,599

79,532

TOTAL ASSETS LESS CURRENT LIABILITIES

103,362

80,100

CAPITAL AND RESERVES

Called up share capital

7

21

21

Retained earnings

8

103,341

80,079

SHAREHOLDERS' FUNDS

103,362

80,100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 November 2025 and were signed by:

C J Smith - Director

1.	STATUTORY INFORMATION

Ionax Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

1,938

Additions

482

Disposals

(332

)

At 31 March 2025

2,088

DEPRECIATION

At 1 April 2024

1,370

Charge for year

254

Eliminated on disposal

(299

)

At 31 March 2025

1,325

NET BOOK VALUE

At 31 March 2025

763

At 31 March 2024

568

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

5,498

20,377

Other debtors

64,694

-

70,192

20,377

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Taxation and social security

40,897

42,918

Other creditors

260

14,678

41,157

57,596

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

21

Ordinary

£1

21

21

8.

RESERVES

Retained

earnings

£

At 1 April 2024

80,079

Profit for the year

102,852

Dividends

(79,590

)

At 31 March 2025

103,341

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

C J Smith

Balance outstanding at start of year

-

-

Amounts advanced

64,694

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

64,694

-

The balance owing to the company from the director has been repaid since the year-end.

10.	RELATED PARTY DISCLOSURES

The company is controlled by director and majority shareholder, Mr. C Smith.

During the year the director, in his capacity as a shareholder, has received dividends amounting to £41,690 (2024: £41,690).